Enphase Energy Expands its Support for Grid Services Programs Across the United States
09 Octobre 2024 - 2:00PM
Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology
company and the world's leading supplier of microinverter-based
solar and battery systems, announced today that it is expanding its
support for grid services programs – or virtual power plants (VPPs)
– in New Hampshire, North Carolina, and California, powered by the
new IQ® Battery 5P.
Grid services programs are managed by regional utilities and use
energy stored in home batteries to help power communities when it
is needed most, like during periods of peak electricity demand.
This reduces reliance on costly and polluting power plants for
electricity and, in return, provides incentives to homeowners from
their own utilities. Incentive programs may serve as a discount on
the purchase of an Enphase® Energy System™ with IQ Batteries or as
ongoing payments to participating homeowners. Most recently,
homeowners who install Enphase IQ Batteries are now eligible to
enroll in the following programs:
Duke Energy PowerPair Program: Participants
enrolled in this program who install three IQ Battery 5Ps and at
least 10 kW of solar with a Duke Energy Trade Ally installer are
eligible to receive an upfront incentive of $9,000. Customers who
also enroll in Duke Energy’s battery control programs - Duke Energy
Power Manager or Duke Energy Progress EnergyWise - are eligible to
receive additional ongoing monthly bill credits. Learn more about
the details of the program on the Enphase website.
"Enphase’s dependable, high-performance, and safe home energy
technology is enabling the clean energy future," said Edward
Wright, co-owner of Rhino Renewables Solar & Electric, an
installer of Enphase products based in North Carolina. "Home solar
systems and batteries are crucial for supporting grid operations
and reducing electricity costs for everyone.”
San Diego Community Power Solar Battery Savings
Program: Participants enrolled in this program who install
two IQ Battery 5Ps are eligible to receive an upfront incentive
rebate of $3,150. Customers are also eligible to receive ongoing
performance incentive payments worth approximately $3,000 over the
ten-year participation period, from the time of enrollment. Learn
more about the details of the program on the San Diego Community
Power website.
“Enphase’s innovative battery solutions are a game-changer for
homeowners looking to boost their energy resilience,” said Jeff
Carelli, president and CEO of Sunlight Solar, an installer of
Enphase products based in California and a Solar Battery Savings
Program approved contractor. “By participating in grid services
programs, our customers can not only maximize their energy
independence but also contribute to a more sustainable energy
future here in California.”
Eversource New Hampshire Clean Energy Fund (NHCEF) for
Battery Storage Program: Participants enrolled in this
demand response program who install three IQ Battery 5Ps are
eligible to receive an upfront incentive rebate of $3,000 for
residential customers and $3,750 for commercial customers (up to
$10,000 for eight IQ Battery 5Ps). Learn more about the details of
the program on the Enphase website.
“Our customers can now enhance the value of their system while
contributing to a more sustainable and resilient grid,” said Hunter
Judd owner of Sunup Solar, an installer of Enphase products based
in New Hampshire. “Grid services programs make Enphase’s technology
more accessible so more homeowners can enjoy the benefits of
Enphase home battery systems.”
“Our cutting-edge software and hardware are designed to simplify
participation in grid services programs for homeowners,” said
Mehran Sedigh, senior vice president of sales at Enphase Energy.
“Central to this effort is the new IQ Battery 5P, providing
exceptional durability and value for homeowners. We are proud to
expand our support for virtual power plants across the United
States."
For more information about grid services, please visit the
Enphase website.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in
Fremont, CA, is the world's leading supplier of microinverter-based
solar and battery systems that enable people to harness the sun to
make, use, save, and sell their own power—and control it all with a
smart mobile app. The company revolutionized the solar industry
with its microinverter-based technology and builds all-in-one
solar, battery, and software solutions. Enphase has shipped
approximately 76.3 million microinverters, and over 4.3 million
Enphase-based systems have been deployed in more than 150
countries. For more information, visit https://enphase.com/.
©2024 Enphase Energy, Inc. All rights reserved. Enphase Energy,
Enphase, the “e” logo, IQ, and certain other marks listed at
https://enphase.com/trademark-usage-guidelines are trademarks or
service marks of Enphase Energy, Inc. Other names are for
informational purposes and may be trademarks of their respective
owners.
Forward-Looking Statements
This press release may contain forward-looking statements,
including statements related to the expected capabilities and
performance of Enphase Energy’s technology and products, including
safety, quality and reliability; the availability and market
adoption of Enphase products; Enphase’s ability to expand its
support for VPPs; and expectations of and eligibility for
incentives under the various incentive programs. These
forward-looking statements are based on Enphase Energy’s current
expectations and inherently involve significant risks and
uncertainties. Actual results and the timing of events could differ
materially from those contemplated by these forward-looking
statements as a result of such risks and uncertainties including
those risks described in more detail in Enphase Energy’s most
recently filed Quarterly Report on Form 10-Q, Annual Report on Form
10-K, and other documents filed by Enphase Energy from time to time
with the SEC. Enphase Energy undertakes no duty or obligation to
update any forward-looking statements contained in this release as
a result of new information, future events, or changes in its
expectations, except as required by law.
Contact:
Enphase Energy
press@enphaseenergy.com
This press release was published by a CLEAR® Verified
individual.
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